Kandal M Venture (NASDAQ:FMFC) Issues Earnings Results

Kandal M Venture (NASDAQ:FMFC) posted its quarterly earnings results on Friday. The bank reported $0.55 earnings per share for the quarter, FiscalAI reports. The firm had revenue of $4.78 million for the quarter.

Kandal M Venture Stock Performance

Kandal M Venture stock traded down $0.24 during midday trading on Friday, reaching $5.71. 47,713 shares of the stock were exchanged, compared to its average volume of 52,452. The company’s fifty day moving average is $7.96 and its 200-day moving average is $11.76. Kandal M Venture has a 52 week low of $4.20 and a 52 week high of $396.00.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Kandal M Venture in a research note on Monday, September 28th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has an average rating of “Sell”.

Kandal M Venture Company Profile

First M&F Corporation is a one-bank holding company. The Company engages in the banking business through its wholly owned subsidiary, Merchants and Farmers Bank of Kosciusko (the Bank) in the states of Mississippi, Tennessee, Alabama and Florida. The Bank offers a range of commercial and consumer services at its main office and two branches in Kosciusko and its branches within central and north Mississippi, including Ackerman, Brandon, Bruce, Canton, Cleveland, Clinton, Durant, Flowood, Grenada, Madison, Olive Branch, Oxford, Pearl, Philadelphia, Ridgeland, Southaven, Starkville, and Tupelo.